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BABA-W's Joseph Tsai: Ultimate Goal of AI Is to Popularize AI Applications
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Joseph Tsai, Chairman of BABA-W (09988.HK), delivered a speech at the China Development Forum 2026 Annual Meeting, where he deeply analyzed four key factors for the success and continuous development of the AI industry in China, according to Chinese media. China has the world's largest manufacturing system and a complete industrial chain, with manufacturing added value accounting for nearly 30% of the global share, Tsai noted. The vast production network is rapidly achieving digitalization and intelligence, and the massive industrial data generated daily is the core resource for training industrial AI. The ultimate goal of AI is not just to develop forefront models but to popularize AI applications to benefit society, Tsai added. AASTOCKS Financial News Website: www.aastocks.com |
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